Russia » Economics

Swedwood Plans to Build Two More Furniture Factories in Russian Regions - 25 March, 2003 - Comments

Construction of the Swedwood-Tikhvin furniture factory (Leningrad Region) is expected to enter the second stage some time in 2003. This was announced to journalists by Director of IKEA in Russia Lennart Dahlgren. He did not mention the amount of investment although earlier the director of the Swedwood-Tikhvin factory valued the second stage of the project at USD 10 million.

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